Sean Rad, CEO of the popular dating app Tinder, confirmed Tuesday that he will step down from his position once a suitable replacement is found. The news was originally reported by the Wall Street Journal and Forbes. Once a new CEO is named, the 27-year-old will serve as president and sit on the company's board.“We're recruiting a new CEO to lead Tinder through this time of explosive growth and expansion," Rad said in a written statement to NBC News. "Alongside the rest of the Tinder board, I look forward to working with the new CEO to realize Tinder’s massive potential." Over the summer, Rad was named in a lawsuit along with the company’s chief marketing officer, Justin Mateen, by former vice president of marketing Whitney Wolfe. She alleged that she was sexually harassed by Mateen, with whom she had a brief romantic relationship, both verbally and through text messages. Rad was accused of ignoring Wolfe's complaints and using inappropriate language towards her. Tinder's parent company, IAC, settled with Wolfe and Mateen was forced to leave the company.
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